2015-10-01 | 2015-24875Added · Updated
The Securities and Exchange Commission is seeking public comment on the effectiveness of financial disclosure requirements in Regulation S-X regarding entities other than the registrant. The request specifically targets Rules 3-05, 3-09, 3-10, and 3-16, which govern disclosures for acquired businesses, unconsolidated subsidiaries, guarantors, and collateralizing affiliates. This initiative aims to evaluate how well these long-standing requirements inform investor decision-making and to identify potential improvements for efficiency and capital formation.
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